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No consensus at all-party meet on FDI

NEW DELHI: Differences among opposition parties over the strategy in Parliament on FDI in retail on Monday helped the government breathe easy as an all-party meeting failed to evolve a consensus on whether there should be voting on the issue.

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PM unveils direct cash transfer scheme

NEW DELHI:  In an ambitious policy initiative that could prove to be a game-changer for UPA-II, the Prime Minister, Dr Manmohan Singh on Monday announced direct cash payout of subsidies to beneficiaries from January 1, 2013.
The subsidy amount would be transferred to beneficiaries’ bank accounts linked to Aadhaar cards.

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Parliament disrupted for third day

NEW DELHI: Proceedings in both Houses of Parliament were adjourned Monday as the opposition continued to protest for the third successive day the government’s decision to allow foreign direct investment in multi-brand retail and introduce a cap on the number of subsidised cooking gas cylinders.

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